Parsec Frontiers – The next Generation Blockchain

funkyies (0)(1)in #blockchain • 6 years ago

A new era has come Technologies are changing the world. What previously seemed to be impossible, today is already the reality. So,let us understand what project PARSEC FRONTIERS is all about.

ABOUT PARSEC FRONTIERS

Parsec Frontiers is a deep and feature-rich space MMO experience built from the ground up with blockchain in mind, where players are free to explore and conquer the whole galaxy. Built with the players – owned by the players, changing the way computer games are funded and developed.

Parsec Frontiers is a massive multiplayer online game with a virtual economy blockchain. It’s modus operandi is that players can explore the Milky Way galaxy, extract and trade resources, freight goods, attack others and manufacture new and more advanced objects. And all in-game items and resources are stored on a very high-capacity blockchain with fast confirmations.

Parsec Frontiers is online persistent world with a virtual economy blockchain. Any one that plats it can actually explore the space and trade resources, freight goods, attack others at their own peril. He/she can manufacture new and more advanced objects, research technology, create or join alliances and use ownership of space stations and resources extraction rights to ultimately extend their empire and wealth. All in-game items and resources are stored through blockchain technology.

PARSEC FRONTIERS AND BLOCKCHAIN

A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping. Each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically.

By using blockchain technology, Parsec Frontiers advances virtual economies to a new level. The project provides transparency and gives complete confidence in resources and ownership inside the world. Additionally, holders of in-game assets and in-game currency can quickly trade in and out of their holdings for fiat currencies or other cryptocurrencies on exchanges. The blockchain asset transparency provides a secure, trustless game environment, which combined with the liquidity of cryptocurrency exchanges transforms the virtual items into investable assets alongside more traditional asset classes. Combined with a deflationary mechanism related to economic activity, holders of Parsec Credits should see steady value growth.

PARSEC FRONTIERS’ ECONOMY
Parsec Frontiers’ economy is very open and controlled by players. The currency that is used to facilitate trade and used as a means for measurement of wealth is parsec Credits – It is an ERC20 token that is named as PARSEC. This is used for transactions and trading exchanges throughout the galaxy. In the case of transaction between the participants and for transactions with open backend system, PARSEC is traded on secondary markets against major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH) and other fiat currencies.

THE GAME
The Web 3.0 gaming is here!. Parsec Frontiers is aimed to be a major showcase of blockchain technology in gaming and be the game changer in the entertainment industry.
Parsec Frontiers is a great contribution to the emerging Blockchain Gaming trend .
Parsec Frontiers will allow the players to explore any system in our galaxy in 3D.

EARLY ADOPTERS
Parsec Frontiers game enables early adopters to acquire the first initial assets in the game through spaceship and colony rights auctions, and to also have early access into the game . This is a major advantage before the general public receive access into the game world.

SECURITY
The blockchain asset transparency provides a very secure, trustworthy game environment, which is combined with the liquidity of cryptocurrency exchanges transmit the virtual items into tangible and investable assets which can give rise to wealth alongside more traditional asset classes. Parsec Frontiers is combined with a deflationary mechanism related to economic activity.

PRSC TOKEN
The PRSC token will be an ERC20 token on Ethereum to allow for an easier crowd sale process and ease of trading on external cryptocurrency exchanges. A corresponding PRSC asset will also exist on the game chain for use in the game world.

The foundation for Parsec Frontiers is the Parsec Credit token. All in-game trading will use this, making it the core of the economy. It can also be exchanged for Ethereum. And as the players accumulate wealth in-game, they also accumulate real world money. We aim to get Parsec tokens on as many cryptocurrency exchanges as possible and make it a liquid currency not just in the game, but also in the real world.

The crowdsale starts on May 15th 14:00 UTC.

TOKEN ALLOCATION

60%Pre-Sale and crowdsale
14%Buffer to foundation
10%Advisors & partners
10%Developers
5%Bounty
1%Airdrop